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Anadarko: Don't Ignore This Deepwater Giant
Long Investing Ideas from Seeking Alpha
Mon, 2 Jul 2012
By Mel Daris : Anadarko Petroleum ( APC ) is among the Gulf of Mexico drillers impacted by Tropical Storm Debby recently. It and its competitors, including BP ( BP ) , ConocoPhillips ( COP ) , and Marathon Oil ( MRO ) , halted production on several drilling platforms ahead of the storm. According ...
Morningstar's Paul Justice sees the issues facing BP as being industrywide and that investors should look at smaller oil explorers and naturalgas plays instead of buying a basket of oil majors.